Swedbank AB Acquires 728,321 Shares of Lam Research Corporation $LRCX

Swedbank AB raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 22.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,983,958 shares of the semiconductor company’s stock after purchasing an additional 728,321 shares during the period. Swedbank AB’s holdings in Lam Research were worth $681,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after purchasing an additional 364,949 shares in the last quarter. State Street Corp lifted its position in Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after purchasing an additional 265,805 shares during the period. Invesco Ltd. increased its stake in shares of Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after acquiring an additional 10,053,978 shares during the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of Lam Research by 6.8% in the 3rd quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock valued at $1,512,854,000 after acquiring an additional 718,178 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings raised Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. Berenberg Bank increased their price objective on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Barclays set a $275.00 price objective on Lam Research and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Twenty-six research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.94.

Insider Buying and Selling

In other news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 155,066 shares of company stock worth $35,849,242 over the last three months. Company insiders own 0.31% of the company’s stock.

Key Stories Impacting Lam Research

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Quarterly beat and bullish June-quarter guide — Lam reported stronger-than-expected March revenue and EPS and guided the June quarter higher, which traders say signals accelerating wafer-fab demand tied to AI and drove the initial re-rate. Read More.
• Positive Sentiment: New sell-side coverage: Seaport Global initiated coverage with a Buy, adding institutional validation and a fresh price target that supports further upside. Read More.
• Positive Sentiment: Consensus and analyst upgrades — Multiple firms have raised targets and the consensus rating sits at “Moderate Buy,” lifting conviction that estimates and target prices will move higher. Read More.
• Positive Sentiment: Industry capacity constraints are tightening — Coverage on KLA highlights that inspection/process-control and etch/deposition suppliers (including Lam) are running near capacity as chipmakers scale AI fabs, implying sustained equipment demand and pricing leverage. Read More.
• Positive Sentiment: Analyst bull pieces and raised TAM estimates — Several deep-dive notes (Seeking Alpha, others) argue expanding WFE and hyperscaler capex raise Lam’s long-term revenue runway and margin upside. Read More.
• Neutral Sentiment: Technical/market commentary: IBD named LRCX Stock of the Day and notes the name cleared a buy point — helpful for momentum traders but not a fundamental change. Read More.
• Neutral Sentiment: Media pieces highlighting the multi-year rally and price-target lifts — useful context on sentiment; they summarize the run-up but don’t add new company-specific catalysts. Read More.
• Negative Sentiment: Insider selling disclosure — an SVP sold ~18,170 shares under a pre-arranged 10b5-1 plan; while flagged by the market, the trade was planned and not seen as a company signal by most analysts. Read More.
• Negative Sentiment: Valuation caution — some commentary warns LRCX is approaching frothy levels after the run; that raises the risk of near-term mean reversion if macro or demand signals soften. Read More.

Lam Research Trading Up 6.7%

Shares of Lam Research stock opened at $275.80 on Wednesday. Lam Research Corporation has a 1 year low of $72.59 and a 1 year high of $280.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The company has a market capitalization of $344.91 billion, a price-to-earnings ratio of 52.04, a P/E/G ratio of 2.14 and a beta of 1.81. The business has a fifty day simple moving average of $236.99 and a two-hundred day simple moving average of $202.86.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter last year, the business earned $1.04 earnings per share. Lam Research’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts forecast that Lam Research Corporation will post 5.68 EPS for the current year.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.